Investment property in Calamvale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.45%
Calamvale,4116 has offered an average of 6.45% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Calamvale is giving property investors an average Vendor Discount of around -4.29%. This puts suburb at number 755th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Calamvale the average time real estate has been on the market is 50.56 days.
Situated 17.33km from the CBD, Calamvale is one of Brisbane localities in the postcode 4116.
Property value increases in Calamvale have tracked just lower than the QLD average of 1.12% over the last 12 months.
Over the longer term, Calamvale has seen property prices show investors a 6.59% return over the last 3 years. This is worse than over the last 12 months
Calamvale, 4116 is offering QLD ‘s 192th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
The QLD suburb of Calamvale, 4116 is in the Brisbane local government area.
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.
Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.
Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.
The vacancy rate is also a tight 1.51%, according to Real Estate Investar.
This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.
Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.
They are very close to shops, schools and public transport to the city.
They can be bought there for less than $520,000.
Top amenities: Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
Main arteries: Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.Close